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New Income Tax Rules Come Into Effect. Details Here In 10 Points

Many income tax rules have changed with effect from April 1 Tax on income between Rs. 2.5 lakh and Rs. 5 lakh will get halved to 5% Individual income between Rs. 50 lakh-1 crore will attract 10% surcharge

New Income Tax Rules Come Into Effect. Details Here In 10 Points
The Parliament on Thursday approved the Finance Bill 2017. Starting April 1, 2017, some income tax laws will change. Finance Minister Arun Jaitley had announced a number of income tax changes in Budget 2017. In addition, some amendments were also introduced in the Finance Bill. Aadhaar number will be a must while applying for PAN as well as filing of income tax returns. To curb black money, the limit on cash transactions has been set...
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